Husband works for an advertising agency that specializes in real estate. Not surprisingly, business is bad. With all of the foreclosures in our market and everywhere, no one can afford the million dollar homes that are this agency’s specialty.
Business is reeeeeeeally bad.
So bad that they have laid off about 25% of their workforce, and are scrambling to increase their presence in other industries (something Husband and I have many times discussed is oh, about five years overdue). Really not a great idea to put all one’s eggs in one basket, is it?
Christmas Bonus time comes around. Because Husband is very good at what he does, is very reliable and has an excellent work ethic, his bonuses have always been…commensurate with his contribution. Last year spectacularly so.
As a result, when I was pondering the viability of buying Husband the new Apple MacPro computer he wanted as his Christmas gift, I factored in the probability of a nice bonus again this year. I shrewdly did not expect it to be as abundant as last year, but in my consideration hoped for it to be even half. Even if it wasn’t, I reasoned, we do have the money in savings, and he will get more freelance projects to replace what we use within a few months.
When Husband told me in mid-December that bonuses weren’t going to be paid until the mid-January pay period, I wasn’t upset at all. In fact, it is better for our tax bottom line in 2007 to defer that income until 2008. Rock on.
I went ahead and bought the new computer, and all is right with the world.
Then, today, Husband calls and tells me he got his bonus. It is 1/10th of what it was last year.
I was completely flabbergasted. There must be a mistake! No? The injustice!!!!
Then I was embarrassed. Given the state of the company, we’re lucky he got a bonus at all. Many people don’t.
Given the state of the company, we’re lucky he has a job at all.
No more counting my chickens before they hatch, even if I leverage them.